20 Years of the SCO:Development,Experience and Future Direction

The Shanghai Cooperation Organization(SCO)has withstood storms to create a cooperative platform in Central Asia that conforms to the trend of the times,meets regional needs,and serves its member states’interests.SCO’s commitment to innovative thinking,security cooperation and regional coordination has contributed to regional stability and development and to gaining experience for establishing regional and global order.China-Russia cooperation,efforts by the“Shanghai Five,”relations among member states,and external pressure have been the main driving forces supporting a huge increase in trade in the past 20 years.For regional development and stability and a greater role in global governance,the SCO should continue taking the long-term perspective in planning and policy.

China(Fujian)Foreign Trade Central Group

Subordinated to the Ministry of Foreign Trade and Economic Cooperation, the China (Fujian) Foreign Trade Central Group is a comprehensive foreign trade corporation engaging in imports and exports, real estate, international goods transportation, restaurants, advertising, exhibition

CEFTA as Trade Agreement and Its Role in Its Countries＇ Economic Development and E.U. Integration （Case of Albania）

CEE （Central Eastern European） region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CEE countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their economic growth and European Integration. How did it happened, and what are the consequences of free trade agreements, under the example of Albania, it has been studied and analyzed, through data collections from different sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since 2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO （World Trade Organization）. As a conclusion, CEFTA experience has shown to have improved considerably business ability of developing European economies, to trade with the EU countries and the world. CEFTA has created an attractive market for investments while before the market in the Region was fragmented and unattractive to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.

Thinking on Establishing Free Trade Area of Central Asia

With the economic integration all over the world, it is necessary to establish the free trade area of central Asia, including Xinjiang. This paper analyses the demands on establishing free trade area in central Asia. According to the present statues of Xinjiang and five countries of central Asia, the developmental patterns are suggested. Furthermore, some policies and suggestions are proposed about the existing problems.

First cotton spot trading platform in central China will operate

First cotton spot trading platform in central China-- Tianmen cotton trading center will be put into trial operation at the end of the year. By then, the cotton industry and cotton farmers in Hubei Province will benefit from the reduction of logistics and trading costs.